<p>Two former top executives at FTX have reportedly pleaded guilty to federal charges and are cooperating in the criminal fraud case against disgraced founder and former CEO <a href="https://www.dailywire.com/topic/sam-bankman-fried" target="_blank" rel="noopener">Sam Bankman-Fried</a>.</p>
<p>&#8220;I&#8217;m announcing that the Southern District of New York has filed charges against Caroline Ellison, the former CEO of Alameda Research, and Gary Wang, a co-founder of FTX, in connection with their roles in the frauds that contributed to FTX&#8217;s collapse,&#8221; the U.S. attorney for the Southern District of New York said on Wednesday night. &#8220;Both Miss Ellison and Mr. Wang have pled guilty to those charges, and they are both cooperating with the Southern District of New York.&#8221;</p>
<p>&#8220;Let me reiterate a call that I made last week, if you participated in misconduct at FTX or Alameda, now is the time to get ahead of it,&#8221; he continued. &#8220;We are moving quickly, and our patience is not eternal.&#8221;</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">Statement of U.S. Attorney Damian Williams on U.S. v. Samuel Bankman-Fried, Caroline Ellison, and Gary Wang <a href="https://t.co/u1y4cs3Koz">pic.twitter.com/u1y4cs3Koz</a></p>
<p>&mdash; US Attorney SDNY (@SDNYnews) <a href="https://twitter.com/SDNYnews/status/1605745361842327552?ref_src=twsrc%5Etfw">December 22, 2022</a></p></blockquote>
<p><em>This is a breaking news story; refresh the page for updates.</em></p>
<p><strong>Related: <a href="https://www.dailywire.com/news/u-s-law-enforcement-takes-sam-bankman-fried-into-custody-report" target="_blank" rel="noopener">U.S. Law Enforcement Takes Sam Bankman-Fried Into Custody: Report</a></strong></p>

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Former Top FTX Executives Plead Guilty To Federal Charges In Fraud Case

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Former Top FTX Executives Plead Guilty To Federal Charges In Fraud Case